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The Hershey Co (The Hershey Co) Other Income (Expense) : $-221 Mil (TTM As of Dec. 2023)


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The Hershey Co Other Income (Expense) Definition

The Hershey Co's other income expense for the The Hershey Co's pretax income for the three months ended in Dec. 2023 was $-95 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-221 Mil.


The Hershey Co Other Income (Expense) Historical Data

The historical data trend for The Hershey Co's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Hershey Co Other Income (Expense) Chart

The Hershey Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -191.64 -165.97 -117.43 -189.68 -209.65

The Hershey Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -118.65 -3.79 -84.11 -37.83 -94.78

The Hershey Co Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-221 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hershey Co  (NYSE:HSY) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


The Hershey Co (The Hershey Co) Business Description

Address
19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
Executives
Charles R Raup officer: President, U.S. 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Steven E Voskuil officer: SVP, Chief Financial Officer 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Deepak Bhatia officer: SVP, Chief Technology Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Pamela M Arway director 601 HAWAII ST., EL SEGUNDO CA 90245
Michele Buck officer: SVP, Pres. US Snacks THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Hershey Trust Co Trustee In Trust For Milton Hershey School 10 percent owner 100 MANSION ROAD EAST, P O BOX 445, HERSHEY PA 17033
Jason Reiman officer: SVP Chief Supply Chain Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Maria T Kraus director THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Rohit Grover officer: President, International THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Jennifer Mccalman officer: Chief Accounting Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Robert Malcolm director C/O LOGITECH INTERNATIONAL S.A., RUE DU SABLON 2-4, MORGES V8 1110
Anthony J. Palmer director P.O. BOX 619100, DALLAS TX 75261-9100
Hershey Trust Co 10 percent owner 100 MANSION ROAD EAST, HERSHEY PA 17033
Christopher M Scalia officer: SVP, CHRO 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Kristen J Riggs officer: SVP, Chief Growth Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033